Investing in Cayman

The following private message has just been sent to me, and I thought it best to post it here on the Forum in case others are interested too.
I am a recent graduate from Ireland and considering relocating to Cayman Islands. I was wondering if you have any tips for me. I may consider investing in a property management company and Hoping to secure affordable accommodation once I arrive. Please advise.

The short answer is that a foreigner can't invest in a local business without a Caymanian partner; and the latter must own 60% of the shares. Also, nobody can just immigrate here. You have to have a job lined up, unless you're rich enough to live here without a job. My personal blog contains many pieces on what life is like here, especially the early pieces from 2010 onward.

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